Uganda Discovers $12 Trillion In Gold Deposits

[basquebromance]

Uganda finds gold worth $12 Trillion, essentially doubling the existing gold supply.

Assuming demand stays the same, this should cut the gold price in half within the next months & years.

 

[WinterBorn]

Some guy emailed me about sending me some of it. I never replied.

 

[basquebromance]

Some guy emailed me about sending me some of it. I never replied.

that's supposed to make you seem smart? lol

 

[WinterBorn]

that's supposed to make you seem smart? lol

Do I seem smart to you?

 

[basquebromance]

Do I seem smart to you?

a bit, but you're no genius...i'm just messin' with ya bro, you're good

 

[Sunni Man]

Unfortunately, the gold was discovered by a Chinese mining company that has the exclusive licensing contract to mine the gold.

 

[basquebromance]

they would really strike gold if they won the basketball world cup, but they can barely beat Nigeria!

 

[MarathonMike]

Uganda better get their shit together or it's going to be Africa as usual. Corrupt government officials fill their pockets, China takes over and the Ugandan people get screwed.

 

[WinterBorn]

a bit, but you're no genius...i'm just messin' with ya bro, you're good

I am not offended or insulted. Sometimes I am pretty smart. Other times......well.....not so much.

 

[basquebromance]

Unfortunately, the gold was discovered by a Chinese mining company that has the exclusive licensing contract to mine the gold.

oh

 

[JGalt]

Uganda finds gold worth $12 Trillion, essentially doubling the existing gold supply.

Assuming demand stays the same, this should cut the gold price in half within the next months & years.

Mehh. The Chinese will be there any day now, to trade them some shiny beads, whiskey, muskets, and trade axes for all that gold.

Ooops. Looks like that already own it.

 

[basquebromance]

I am not offended or insulted. Sometimes I am pretty smart. Other times......well.....not so much.

let me test you:

name Gene Simmons' 1st rock band that he played with before KISS?

 

[TheParser]

Uganda better get their shit together or it's going to be Africa as usual. Corrupt government officials fill their pockets, China takes over and the Ugandan people get screwed.

As soon as I saw the thread title, I chuckled.

The ordinary Ugandan will never see a penny of that wealth!

 

[BlackSand]

Uganda finds gold worth $12 Trillion, essentially doubling the existing gold supply.

Assuming demand stays the same, this should cut the gold price in half within the next months & years.

.

It wouldn't even cover half of our debt.

.​

 

[MarathonMike]

As soon as I saw the thread title, I chuckled.

The ordinary Ugandan will never see a penny of that wealth!

I feel bad for those people, even their kids do back breaking work in the mines. And as you say, they probably won't get anything except a brand new shiny shovel.

 

[excalibur]

I think their math is off.

 

[AMart]

Uganda finds gold worth $12 Trillion, essentially doubling the existing gold supply.

Assuming demand stays the same, this should cut the gold price in half within the next months & years.

Video is hilarious.

 

[Sunni Man]

While the U.S. for the last couple of decades has been going around the world kicking dirt poor farmer's doors down looking for terrorists.
China has been going to 3rd world countries and building hospitals, schools, and roads, and in appreciation they are rewarded with lucrative long term mining and natural resources contracts.

 

[Baron Von Murderpaws]

Unfortunately, the gold was discovered by a Chinese mining company that has the exclusive licensing contract to mine the gold.

And keep it for themselves.

We all know Jinping is a gold hoarder. He's already cleaned out Fort Knox. Who knows what Truderp has let him to do to Canada. Now he's just going for the outright mining of it in other countries.

 

[MarathonMike]

I think their math is off.

It sounds rather impossible, but like I said even if it's a fraction of 12 trillion they are sitting on a game changer. Let's see if they are finally smart enough to do it right. History says they will fuk it up.